US EditionUK Freezes £25 Billion in Russian Assets Since Ukraine Invasion
- Belgian Prime Minister Bart De Wever warned that seizing nearly €200 billion of frozen Russian assets would be 'an act of war' and could lead to geopolitical consequences for Europe.
- De Wever expressed concerns that this action could lead to systemic risks to the entire financial world system and provoke retaliation from Moscow.
- European nations, including France, the UK, and Spain, are considering utilizing frozen assets to support Ukraine's defense efforts.
- Legal issues involving Euroclear, which manages the frozen assets, raise concerns about potential claims from asset holders if funds are transferred to Ukraine.
45 Articles
45 Articles
US senators push Trump administration to seize Russian assets for Ukraine, Reuters reports
In a letter to Secretary of State Marco Rubio seen by Reuters on March 24, senators questioned the administration’s willingness to use all available financial tools to pressure Russia into ending its war against Ukraine.
In the US, a group of senators from both parties called on the administration of President Donald Trump to hand over more than $300 billion in confiscated Russian assets to help Ukraine. Until now, the White House has used interest from such frozen funds to help Kyiv. This was reported by RBC-Ukraine with reference to Reuters. Western journalists received a letter signed by Republican Senators Todd Young and Lindsey Graham, as well as Democrats …
US Senators Push for $300 Billion in Seized Russian Assets to Help Ukraine
A group of Republican and Democratic US senators called on President Donald Trump’s administration to transfer over $300 billion in seized Russian assets to Ukraine, instead of only using the interest from these assets to support Kyiv, Reuters reported on March 24. The senators, including Republicans Todd Young and Lindsey Graham and Democrats Richard Blumenthal and Tim Kaine, outlined their concerns in a letter to Secretary of State Marco Rubio…
Britain confirms £22.7bn in Russian assets frozen
The UK government has confirmed that £22.7 billion in Russian assets have been frozen under sanctions imposed in response to Russia’s invasion of Ukraine but has stated that it does not maintain a public list of Russian nationals with significant assets in the UK, according to responses to written parliamentary questions. Lord Swire, a Conservative life peer, asked the Foreign, Commonwealth & Development Office (FCDO) whether the government woul…
Coverage Details
Bias Distribution
- 56% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
